In addition to this, the deposit gives you access to the following:a.Advanced Deal Analysis Software – enter the purchase price, rehab costs and After Repair Value and we’ll give you a comprehensive break down including costs, net profit, and potential cash to close.b.Access to Proof of Funds – 24/7c.Contracts and Checklistsd.Additional Tools & Resources to help you avoid common pit falls in evaluating, rehabbing, negotiating and reselling the property.e.Your first evaluation is covered with the deposit.f.If the needed funding is more than 70% but it’s still a profitable deal, we’ll work with you to potentially wholesale the property and still make money on the deal.g.The remaining $1850 is rebated back to you once you resale your first property.8.Just like every other Hard Money Lender, one of the biggest challenges is helping new investors get dialed in on establishing accurate After Repair Values.

I don't believe the OP's post but I do worry about the recent introduction of the portfolio loans with 10 year balloons. 

Hi all,First I'm a newbie to Bigger Pockets so this is also a quick introduction.

Also this particular post might helphttp://clintcoons.wordpress.com/2012/02/08/introduction-to-asset-protection-video/ He had another great post about how to set up your entities that I read just yesterday and now I can't find the link - I will keep looking tho.

This is the most comprehensive information on ARV on the entire web!

If all seems well from the introduction.

You do a brief introduction and I ask a few questions throughout the day.

I'm starting to think there is a comprehension problem here, Bob...Nobody here is defining NOI as 50% of gross rents. 

During the first day introductions of all the VIP members, it became apparent to me that everyone else was a newbie, and I was by far the most veteran investor there.

It is a good start and certainly comprehensive.